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KWG Resources Inc C.CACR

Alternate Symbol(s):  KWGBF | C.CACR.A

KWG Resources Inc. is a Canada-based exploration stage company. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.


CSE:CACR - Post by User

Post by nothingbutruthon Oct 27, 2023 8:42am
150 Views
Post# 35703693

MARTINS FALL CHIEF SAYS IT ALL

MARTINS FALL CHIEF SAYS IT ALL
"The first criticism is that we will destroy the peatland in our territory. This is classic propaganda and a complete fabrication. We have no such plan or intent. We are maximizing the use of eskers and other geographical features that keep us off the peat. Where we cannot avoid peatland, we will not excavate it. This means that we will not dig any peat out and we will minimize disturbance of peat. If it stays in place, then it can continue to act as a carbon store."

"The second critique is that we have not engaged and consulted other First Nations. As a proponent of the road, we have certain procedural responsibilities. This includes sending out notices and providing information about our projects. No one else has this information or can speak in a more informed way about our projects."

"The third is that there will be unforeseen, large-scale development as a result of the roads and will add to what they call cumulative effects. We are currently building the road to Marten Falls and to the Ring of Fire. We are planning to work diligently to understand the development of Eagle’s Nest at the Ring of Fire, which is a significant source of nickel that is a critical mineral required for net-zero transition. This does not mean that we support unchecked development. This is fear mongering. They want us to be afraid and to be paralyzed by indecision. That is the opposite of what we have done and will continue to do."


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